707 Chestnut ST, Bastrop TX 78602

Bastrop, TX 78602 | Building Blk

Ed's Opinion of Value

$377,755 Ed's Estimate: $430,819 $1,750,000
Lowest Comp Recommended List: $422,000 to $439,000 Highest Comp

Listing History

$1,299,000 List Price
$394,645 Comp Value
1 Price Reductions

This property was listed at $1,299,000 and expired after 169 days on market. The price was reduced from $1,400,000 to $1,299,000. This listing activity factors into the valuation.

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $430,819. Pricing this home between $422,000 and $439,000 would put it in the competitive sweet spot for BUILDING BLK. Relative to what's currently available in BUILDING BLK, this home would be the most affordable of 4 comparable homes on the market. The larger floor plan (1,559 sqft compared to the average comp) is a meaningful differentiator in this price range. At 89 years older than typical comps, the 1892 build date influences the valuation. The comp data here (7 sales in BUILDING BLK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
1 Beds
4 Baths
4,060 Sq Ft
0.064 Acres
1892 Built

About This Property

A once in a lifetime opportunity! These vintage buildings have been lovingly updated and maintained in historic Downtown Bastrop. One of the fastest growing areas due to its proximity to Austin, International airport and Tesla. This property is believed to be built in 1892 and includes a large and lofty residential space above and a charming commercial space, currently a wine bar, at street level. Very busy location just off Main Street. Ample parking is provided by parking lot behind (city.) Cement/Tile floors in the shop and wood floors on the second floor. Approximately 2000 sf each level. The commercial space has a courtyard behind for sipping al fresco. The residential space has two bathrooms, a kitchen, and laundry. High ceilings and expansive wood floors add to the stylish loft vibe. The commercial space has shop space, office space, a professional sink and wet area, and two restrooms. Both are separately metered and have multiple entries. Be a part of all the excitement generated by Bastrop Main Street and the charming small businesses thriving in this most historic of towns. Walk to the Colorado River, parks, trails, and dining...all within a block of this spacious home/workspace.

Location

Property Details

Property Type Residential
Flooring Concrete, Wood
Cooling Central Air
Heating Central
County Bastrop
MLS # 1934683

Tax Information

Annual Taxes $8,190 (2022)

Listing History

MLS# 3487354 154 days
Oct 29, 2024 Off Market
May 28, 2024 Listed $1,400,000

Frequently Asked Questions About 707 Chestnut ST, Bastrop TX 78602

When was 707 Chestnut ST, Bastrop TX 78602 built?

707 Chestnut ST, Bastrop TX 78602 was built in 1892.

How much does 707 Chestnut ST, Bastrop TX 78602 cost?

707 Chestnut ST, Bastrop TX 78602 is currently off market.

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